It’s been another tough week to be a crypto investor. The Avalanche and Near Protocol prices have both lost significant value, causing some holders to lose thousands of dollars in investments.
While these prominent projects struggle to regain their momentum, in the background, a new player, Rollblock, is increasingly coming into the spotlight as a potential flight to safety. With this utility token, a promising infrastructure, and innovative applications, Rollblock seems poised to reach new heights.
The Near Protocol price continues to drop despite being a project with strong fundamentals
Near Protocol (NEAR) has been through a challenging period, with the Near Protocol price dropping significantly. NEAR’s technological advancements have been impressive so far; for instance, it recently integrated with Bitcoin via the Bitcoin Light Client.
Although earlier this month, the Near Protocol price rallied significantly thanks to its Bitcoin integration announcement, it is currently struggling to hold $5. Analysts suggest that support around $4 could strengthen the Near Protocol price further, but a recovery in the following weeks will depend on breaking resistance at $5.00.
Further pressure on Avalanche despite bullish technical indicators
The recent bearish trend has seen Avalanche (AVAX) continue to experience downward pressure over recent periods without being able to mount any significant recovery. Although there are bullish signals — such as a potential breakout above $25 in upcoming weeks — AVAX remains stuck below $21, failing to bring anticipated upward momentum into play.
However, all hope may not be lost entirely when considering future prospects surrounding AVAX; historical patterns combined with some detailed TA work out possible scenarios that might see prices rebounding back toward $100.
Rollblock is a new utility token with multiple uses
In the wake of the losses suffered by NEAR and AVAX, Rollblock has emerged from the spotlight as an increasingly attractive alternative for investors, largely due to the versatility of its utility token.
Rollblock offers investors the opportunity not only to participate in an innovative blockchain ecosystem but also to profit from owning their utility token in a variety of ways.
One of the most notable features of the Rollblock platform is its integrated online casino, where the utility token can be used to play. Players can wager their tokens on various casino games while, of course, having the chance to win and expand their investment without any hassle.
In addition, simply HODLing Rollblock’s utility token also has its advantages, as token holders are entitled to a share of the profits generated by the online casino. This creates a passive income stream for investors, allowing them to benefit from the growth and success of the Rollblock platform without having to actively trade.
This simple yet successful structure makes Rollblock’s utility token attractive to active users of the platform, as well as those looking for a stable passive income.
Rollblock seems well-positioned to become a major player in the GameFi sector. While other projects like NEAR and AVAX are struggling to keep up, Rollblock offers an attractive and diverse utility token from which investors can benefit directly and indirectly.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
No spam, no lies, only insights. You can unsubscribe at any time.
Source: https://www.crypto-news-flash.com/solana-rivals-near-protocol-near-and-avalanche-avax-with-another-week-of-losses-rollblock-offering-refuge-as-new-high-imminent/?utm_source=rss&utm_medium=rss&utm_campaign=solana-rivals-near-protocol-near-and-avalanche-avax-with-another-week-of-losses-rollblock-offering-refuge-as-new-high-imminent